Which of the following groups is a craft union?
a. auto workers
b. steel workers
c. writers
d. government employees
e. construction workers
C
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The International Monetary Fund was established in part to help avoid foreign currency crises
a. True b. False
Which of the following is an example of a deficiency caused by a regulatory approach to pollution?
a. ignored information provided by market signals b. special interest influence on policies c. lack of accountability by regulators for costs of regulation d. all of the above
Among industrialized countries, the United States has one of the __________ public sectors, as a percentage of government spending and the economy.
A. fastest-growing B. slowest-growing C. largest D. smallest
A beneficial oil-price shock increases labor demand. What happens to current employment and the real wage rate?
A. Both employment and the real wage rate would increase. B. Both employment and the real wage rate would decrease. C. Employment would increase and the real wage would decrease. D. Employment would decrease and the real wage would increase.